Alpha issue #84
DMH's spotlight, new concepts and narratives, guides & more!
DMH Newsletter is a vital news hub with crucial updates & narratives and trends
Today you will find Alpha on:
Spotlight
Updates & Upgrades in DeFi
Alpha by Threadors & Good Reads
OnChain & Macro & News
Exploits & Bugs
Spotlight Project: KTX Finance
KTX Finance Description:
KTX.Finance, an on-chain decentralized derivatives & social trading protocol that offers leverage of up to 100x to the traders.
KTX.finance is built on top of Mantle Network & Binance Chain.
Being the leading perp DEX on Mantle is primed to grow alongside the explosive growth of the Mantle DeFi ecosystem
By using a single multi-asset pool KTX provides high efficiency, low swap fees and also allows mitigation of counterparty risks & up to 100x leverage when traders trade against the KLP pool.
Their purpose is to provide seamless and efficient CEX-type trading while adhering to the principles of decentralization.
🙍♂️ Followers: 43.1k
KTX Breathtaking Stats:
$1b: Trading Volume
$7.8m: TVL
14k: Unique Traders
161% APR: Total APR on KTC - esKTC APR: 81.34% and WETH APR: 80.00% on Mantle Network
64.5% APR: Total APR on KTC - esKTC APR: 33.95% WBNB APR: 30.6% on BNB chain
Latest Update: Final Epoch on Trade & Earn Season
Head over and trade now - link
Epoch 4 will be ending on 20th Dec 2023, 11:59 GMT+8
2/➯ Updates & Upgrades in DeFi
Eclipse Testnet is live:
Cronos zkEVM Testnet:
Successful implementation of Kakarot ZkEVM of the EVM in Cairo 1.0:
Introducing COTI V2: a Privacy-Centric Ethereum L2:
Synthetix Perps V3 explanation :
Introducing the Manta Network New Paradigm:
Multibit Bridge between Bitcoin & Ethereum NFTs ready in 7 days:
On Dec 18th at 10 AM PT, restaking caps for all current LSTs in the EigenLayer protocol will increase:
Introducing IPOR's Stake Rate Swap:
To explore how it works watch the video.
3/➯ Alpha by Threadors & Good Reads
Solana Deep Dive:
Rollups-as-a-Service (RaaS) is an incredibly promising subcategory within Web3:
5 tokenless projects on Avalanche to farm airdrop:
Parcl (Solana RWA project that recently introduced point system) Airdrop Distribution Math:
EIP-3074 vs. ERC-4337:
2024 Crypto Market Outlook by Coinbase:
The Evolution of Liquidity Provision: A Deep Dive into DeFi's Architectural Plumbing:
Summary by Binance Research top narratives for 2024:
Groundbreaking report about EigenDA x OP Stack Support:
Due to hype on BRC-20 and inscriptions. Highly recommend investigating how it works:
LayerZero V2: The Decoupling of Security and Execution:
4/➯ VITAL NEWS📰₿
SEC denied Coinbase’s petition for rules for crypto:
After Solana Saga Sold Out, the demand on eBay is rising:
Grayscale looks at tax consequences for spot bitcoin ETF funds:
FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show:
Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans:
SEC delays decisions on Hashdex and Grayscale Ethereum-focused ETFs:
Former Lido holder files class action lawsuit against Lido DAO over cryptocurrency losses:
5/➯⛓️On-Chain Data:
Introducing "Scroll Stats" dashboard:
Demand for Inscriptions on different blockchains has been taken down:
Summary of the Arbitrum outage and high Ethereum gas prices:
The situation with Burning on Injective:
Avalanche C-Chain Gas spent more than $20 million in the past seven days:
On-chain stats on SOL:
Alt market share percentages are inflated:
Injective Addresses Going Parabolic:
Rollups Data Posting Cost:
6/➯ Macro Metrics 📈
The unemployment rate has spiked after the Fed cut rates:
Want to explore how the Fed works:
46% of S&P 500 components have an RSI that exceeds 70:
US Equity ownership was down to 42% in Q2 23:
7/➯ Exploits & Bugs
Peapods Finance exploited - 90% of ETH returned:
NFT Trader was exploited:
A critical Twitter bug allows hackers to gain full access to your account by simply clicking a link:
SyncSpace exploited:
That’s it for today frens!
Thank you for staying with us. Your future self will be grateful.
You can follow me on Twitter ➯ DeFi_Made_Here
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